ContextLogic To Acquire Gaylord Chemical At An EV Of $850M From Investment Funds Managed By Eagletree Capital
LogicBio Therapeutics
LogicBio Therapeutics LOGC | 0.00 |
- gChem will become ContextLogic's second operating business, following the acquisition of US Salt in February 2026
- gChem is a sixty-four-year-old, vertically-integrated specialty chemicals company whose products serve highly specialized niches across diverse end markets, with decades-long customer relationships built on tailored, high-quality solutions
- ContextLogic shareholders will have the opportunity to commit additional capital in the Transaction via a rights offering, which has been fully backstopped at $9 per unit
- Transaction is expected to be materially accretive to free cash flow per unit
